Profit target?
Tham gia từ Jul 19, 2020
298bài viết
Dec 23, 2020 at 12:18
Actually everyone's expectation is different. Understanding, knowledge and strategy are also different. Yes 10 to 20 pips per day can be good enough if you can consistently make it. And when your target is 10 pips daily you may be need to increase your lot size. Hence risk comes. You have to be skilled and disciplined.
Tham gia từ Jul 23, 2020
869bài viết
Dec 23, 2020 at 17:38
Set TP according your risk reward ratio. I use minimum 1:2 risk reward and set TP according to that ratio.
Tham gia từ Jun 05, 2020
4bài viết
Dec 23, 2020 at 19:33
Just follow your ATR
Tham gia từ Jul 20, 2020
298bài viết
Dec 24, 2020 at 01:23
I trade monthly with a target of 200 pips. If you do not meet the target, then think of moving forward with a positive mindset.
Tham gia từ Feb 24, 2020
4bài viết
Dec 31, 2020 at 12:26
My projected expectations are about 40-60 pips per trade. It is convenient for me to trade in this way. This is my trading strategy.
Tham gia từ Oct 18, 2018
5bài viết
Dec 31, 2020 at 23:15
I'm an intraday/ intraweek trend trader. My ratio is 1:1.75. I've found I miss out on 1:1.5 and 2:1 I break even more than I would like. The 2 latter mess with my Psych in my trading system, so I stick with 1.75. Hopefully, this helps. Happy New Years and Cheers!
Seek first to understand, then be understood.
Tham gia từ Jul 19, 2020
788bài viết
Jan 01, 2021 at 01:28
In addition to creating a strategy, it is important to focus on profit targets. If there is no target for profit, then this kind of mentality can be a problem.
Tham gia từ Jul 20, 2020
298bài viết
Jan 01, 2021 at 01:52
If there is a target for anything, it becomes easy to achieve that thing. Therefore, it is essential to have a profit target in trading.
Tham gia từ Jul 23, 2020
759bài viết
Jan 01, 2021 at 16:48
My profit target varies on market condition and strategy. I have no fixed TP.
Tham gia từ Oct 26, 2020
29bài viết
Jan 21, 2021 at 09:39
You are right to point out the risk factor associated with increasing the lot size. This is something newbies should be aware of.
Tham gia từ Jan 22, 2021
125bài viết
Mar 09, 2021 at 10:43
Trading for 20 pips is sufficient for me with a few hours of brainstorming sessions on forex trading. I keep in mind that my greed must not eat my earnings. I close the trades and rest.
Tham gia từ Jul 27, 2020
81bài viết
Mar 31, 2021 at 07:23
This is a good option for avoiding risks and minimizing losses.
Tham gia từ Jul 19, 2020
751bài viết
Mar 31, 2021 at 14:36
Most traders have unrealistic profit target. Market moves all the time doesn't mean you can have absurd target. Our target should match our trading ability.
Tham gia từ Jul 19, 2020
788bài viết
Mar 31, 2021 at 17:51
Anything should have a goal. Trading will be much easier if the goal is managed properly. It is very important to have a profit target in similar trading. If the profit target is not set properly, some uncontrolled trading takes place.
Tham gia từ Sep 22, 2018
70bài viết
Apr 01, 2021 at 09:39
minimum should be 1:3 RR
Tham gia từ Mar 16, 2021
477bài viết
Jul 25, 2021 at 12:35
Achieving is easy if you have a target in anything. The same goes for trading. If you can trade with the right knowledge and set goals, it will be much easier to make a profit.
Tham gia từ Jul 20, 2020
399bài viết
Jul 25, 2021 at 15:30
TP is so key. For me it is related to my risk to reward. A proper trading plan is so vital.
Tham gia từ Sep 12, 2017
238bài viết
Jul 26, 2021 at 06:30
i belive TP is as per the market movement, 5-10 on a big lot can be very good without a doubt. but sometime 2-3 pips would do the trick as well
Tham gia từ Jul 19, 2020
751bài viết
Aug 01, 2021 at 17:39
Profit target should depends on your strategy. But it should not flactuate too much. It is bad for your psychology. You becomes indicisive about target. We need to be disciplined.
